02-19-20: Mini-Mortgage Refinance 'Boom' Continues As Coronavirus Keeps Rates Low
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 20 February 2020
⏱️ 46 minutes
🧾️ Download transcript
Summary
Refinance demand drove volume, rising a remarkable 207% compared with the same week one year ago.
Today's Stocks & Topics: HNP - Huaneng Power International Inc. ADR, ORI - Old Republic International Corp., MNK - Mallinckrodt PLC, T - AT&T Inc., ALLY - Ally Financial Inc., Dividend Investment Rules, BABA - Alibaba Group Holding Ltd. ADR, INSG - Inseego Corp., CSCO - Cisco Systems Inc., Where to Find New Companies, OXY - Occidental Petroleum Corp., Financial Independence, CRC - California Resources Corp., Europe's Digital Strategy, NUGT - Direxion Daily Gold Miners Index Bull 3x Shares (ETF).
TRIVIA QUESTION: "As big PHARMA rushes to develop a coronavirus vaccine today, looking back in our medical history, WHAT was the 'essential' world health vaccine that was first developed for, and then successfully tested on, ONE MILLION children--- in 1954?"
Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me * Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai * Check out Progressive: https://www.progressive.com * Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com * Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com * Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com * Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brandsTranscript
Click on a timestamp to play from that location
| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk. It is Wednesday |
| 0:25.8 | February 19th, 2020 and of course the coronus virus is starting to fall off. I don't know if you notice that, but there's still more numbers, but I don't think it's going to affect the market anymore. |
| 0:38.0 | Markets like security, they like consistency, they like, you know, they like to know what's happened. Once they think they know the markets, |
| 0:47.0 | then the stock price stops being volatile. So I think we've seen pretty much the volatility we're going to see because of the |
| 0:54.6 | coronavirus. I think other things are going to be coming along on the market |
| 0:59.0 | that will affect it. Kind of interesting what's happening though, I don't know if you notice that the dollar is getting very strong got very strong here in the short term from the coronavirus, but gold also went up. |
| 1:09.0 | Usually that's just the opposite. When the dollar goes up, gold goes down, gold goes up. But not this time. |
| 1:16.5 | Probably because the fear of that coronavirus made people move to gold and to secure American dollars instead of other currencies. |
| 1:25.0 | Kind of interesting things happen today, over the last couple of weeks actually. |
| 1:29.0 | You're listening to a vest doc and you want strategies to help deal with the volatility, I know that. So you got to be prepared for it. I understand |
| 1:38.0 | that and that's what the goal is here on Invest Talk. And of course we all want to achieve that ultimate goal of financial freedom. |
| 1:46.0 | I'm Steve Peasley and I hope you'll call me in this hour. |
| 1:50.0 | We're going to live. We're live every day Monday through Friday 4 to 5 and through the Invest Talk |
| 1:54.3 | radio program in the podcast and my company KPP Financial I can help you I can |
| 2:01.6 | help you become a better investor. I really can. One way Jess and I are able to do this is by |
| 2:07.4 | implementing our philosophy. We think independently. We want to share success, and we do parallel investing, meaning we invest right alongside our clients. |
| 2:17.0 | We do that every day. |
| 2:19.0 | We buy the same thing, same time, same percentages as a client's. |
| 2:22.8 | Everything my client owns in each one of my programs I own. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.